Examlex
The purpose of tort law is to punish the wrongdoer.
Rates of Return
The positive or negative financial outcome of an investment over an agreed-upon period, expressed as a percent of the investment's initial outlay.
Present Value
The now value of a sum of money to be received in the future or a series of financial inflows, accounting for a specific return rate.
Simple Interest
Simple interest is a method of calculating the interest charge on a loan or investment based on the original principal amount and not on accumulated interest.
Discount
A reduction applied to the normal cost of goods or services, or in finance, the process of determining the present value of future cash flows by applying a discount rate.
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